Evonik pumps over 500m euros into S'pore chemicals industry

Noting that Evonik's second world-scale methionine plant was being built so soon after its first one here, DPM Tharman told Dr Engel in his speech: "I understand that such plants are typically built once every 7-8 years. I thank you for this confidence (in Singapore)."

Singapore

GERMAN specialty chemicals company Evonik Industries is investing over 500 million euros (S$763 million) to build a second methionine plant in Singapore, less than two years after it opened its first one in the country.